On Dec 06, major Wall Street analysts update their ratings for $DocuSign (DOCU.US)$, with price targets ranging from $87 to $124.
Morgan Stanley analyst Josh Baer maintains with a hold rating, and adjusts the target price from $62 to $97.
Citi analyst Tyler Radke maintains with a buy rating, and maintains the target price at $87.
Needham analyst Scott Berg maintains with a hold rating.
RBC Capital analyst Rishi Jaluria maintains with a hold rating, and adjusts the target price from $59 to $90.
William Blair analyst Jake Roberge maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $DocuSign (DOCU.US)$'s main analysts recently are as follows:
DocuSign is following its strategic plan effectively, displaying 'several encouraging trends' that led to strong performance in Q3 and positively surprising Q4 billings forecasts. The primary indicators and company discussions showed either stability or enhancements, and the significant rise in stock value and its current standing in the afterhours indicate that the optimistic future trajectory is already accounted for in the current share prices.
DocuSign showcased a robust quarter following two consecutive quarters of mixed outcomes, marked by a significant billings beat and the CEO expressing confidence in achieving a growth rate exceeding 10%. The company indicated that its core business is stabilizing, and noted a slight improvement in the operational environment, while issues previously attributed to 'deal timing' and challenging macroeconomic conditions were not mentioned.
DocuSign posted a 'very strong' third quarter, notably exceeding expectations and showing accelerating subscription revenue. The company signals various positive growth trends that continue to encourage optimism among investors.
DocuSign exhibited solid gains in FQ3, with improvements noted across revenue, margins, and billings. Notably, the growth rate in subscription revenue accelerated to 8% compared to 7% in the preceding quarter, and the Net Revenue Retention (NRR) also improved to 100%, indicating a potential turnaround from recent declines.
DocuSign's recent financial performance was characterized by a notable increase in both top line and billings growth, propelled by early renewals, stabilization in its core operations, and promising momentum in IAM. Despite significant stock price appreciation since fiscal Q2, it remains appealingly valued in comparison to its industry peers.
Here are the latest investment ratings and price targets for $DocuSign (DOCU.US)$ from 7 analysts:
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美东时间12月6日,多家华尔街大行更新了$DocuSign (DOCU.US)$的评级,目标价介于87美元至124美元。
摩根士丹利分析师Josh Baer维持持有评级,并将目标价从62美元上调至97美元。
花旗分析师Tyler Radke维持买入评级,维持目标价87美元。
Needham分析师Scott Berg维持持有评级。
加皇资本市场分析师Rishi Jaluria维持持有评级,并将目标价从59美元上调至90美元。
威廉博莱分析师Jake Roberge维持持有评级。
此外,综合报道,$DocuSign (DOCU.US)$近期主要分析师观点如下:
docusign正在有效地执行其战略计划,显示出“多个令人鼓舞的趋势”,这导致其在第三季度表现强劲,并且对第四季度的账单预测令人感到意外。主要因子和公司的讨论显示出稳定或提升,而股票价值的显著上涨及其在盘后交易中的现状表明乐观的未来轨迹已经反映在目前的分享价格中。
docusign在经历了连续两个季度的混合结果后,展示了一个强劲的季度,账单超出预期,CEO表达了对实现超过10%增长率的信心。公司表示其核心业务正在稳定,并注意到运营环境略有改善,而以前归因于“交易时机”和艰难的宏观经济条件的问题并未被提及。
docusign发布了“非常强劲”的第三季度,明显超出预期并显示出加速的订阅营业收入。公司传达出多种积极的增长趋势,继续让投资者充满乐观。
docusign在第三财季显示出稳固的增长,营业收入、利润率和账单均有所改善。值得注意的是,订阅营业收入的增长率从前一季度的7%加速到8%,而净营业收入保持率(NRR)也改善到100%,指向从近期下降中潜在的反转。
docusign最近的财务表现以营业收入和账单增长的显著增加为特征,得益于提前续约、核心业务的稳定以及iam中有希望的势头。尽管自财政第二季度以来股票价格显著上涨,但与其行业板块的同行相比,仍然具备吸引力。
以下为今日7位分析师对$DocuSign (DOCU.US)$的最新投资评级及目标价:
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